Flik Positions
Last updated
Last updated
Imagine you have tBNB and want to enter the PRFI-tBNB pool. The traditional process for doing so is quite cumbersome.
Initially, you need to provide PRFI and tBNB in the correct ratios, which requires four separate transactions.
Fliking simplifies this process by allowing you to complete it with a single click.
When you use Flik with one of these assets, the system automatically converts it to tBNB behind the scenes. This tBNB is then combined with PRFI to create and lock the LP.
This feature is designed to give you increased flexibility with the protocol, making it easier and more efficient to earn and lock LP.
You can select between 2 Flik sources.
PrimeFi enables you to Flik using supported assets from your wallet.
Alternatively, if you have deposited collateral, you can borrow directly from the protocol.
Be mindful of your Health Factor and the risk of liquidation before borrowing. Fliking will never lower your Health Factor below 1.1.
The lock periods function the same way as in the manual pLP.
